Budgeting is a key component of risk management. Risk managers are often assigned a role in budgeting because they are the ones who can best assess what processes and operations are likely to cause financial trouble for the business.
The Weimar Republic. After Germany lost the First World War, the Kaiser fled and a new democratic government of Germany was declared in February 1919 at the small town of Weimar. It was too dangerous to make a declaration in Berlin where there had just been a revolt by a Communist group called the Spartacists.he Weimar Republic looked like the perfect democracy, but it had two great weaknesses-proportional representation and Article 48.
Weaknesses of the Articles of Confederation The Articles of Confederation gave too much power to the states and not enough to the central government. The central government wasn't able to pass laws or taxes if all the states did not approve.There was no president or federal judiciary.The Continental Congress adopted the Articles of Confederation, the first constitution of the United States, on November 15, 1777. However, ratification of the Articles of Confederation by all thirteen states did not occur until March 1, 1781.